PUBLISHER: Roots Analysis | PRODUCT CODE: 1883718
PUBLISHER: Roots Analysis | PRODUCT CODE: 1883718
As per Roots Analysis, the global circular fashion market size is estimated to grow from USD 7.48 billion in the current year USD 18.42 billion by 2035, at a CAGR of 9.43% during the forecast period, till 2035.

The opportunity for circular fashion market has been distributed across the following segments:
Type of Product
Type of Textile
Type of Distribution Channel
Type of End-User
Geographical Regions
Circular Fashion Market: Growth and Trends
According to Business Waste Management UK, each year, 92 million tonnes of textiles are disposed of. This textile waste significantly contaminates both groundwater and soil, contributing to greenhouse gas emissions. To address these environmental challenges, circular fashion is gaining momentum. Products designed with modularity and created from reused or recycled materials embody the concept of circular fashion. Such items promote sustainability and help minimize waste.
The increasing appeal of upcycled and secondhand clothing can be attributed to the rise of circular fashion. Additionally, these products utilize sustainable materials, including upcycled and recycled fabrics. Furthermore, these services promote fashion rental along with secondhand sales. Importantly, this encourages consumers to alter or redesign their apparel. These items are designed to be replaceable or upgradable, thus reducing waste.
Moreover, marketing initiatives like slow fashion and responsible fashion have contributed to this growth. It is important to note that the creation of digital ID tags for styling and care information has supported market expansion. The implementation of QR codes for accessing product-related details has boosted trends within the circular economy fashion market.
The global market for circular fashion is projected to experience substantial growth throughout the forecast period, driven by advancements in technology, such as blockchain-based supply chains that reduce recycling costs. Additionally, the integration of AI for improved modular designs that facilitate easy disassembly is propelling the ethical fashion sector forward. Further, the increase in government and commercial initiatives will significantly influence the growth of the eco-friendly clothing market.
Circular Fashion Market: Key Segments
Based on type of product, the global circular fashion market is segmented into apparel, accessories, footwear and other products. According to our estimates, currently, the accessories segment captures the majority of the market share. This can be attributed to their quality, which incorporates various metals to enhance durability. Importantly, these accessories contribute to reducing waste by allowing for reuse, repair, refurbishment, and recycling, thereby supporting the sustainable fashion market.
On the other hand, the apparel segment is projected to experience a relatively higher CAGR during the forecast period. This growth can be linked to modular designs that facilitate easy disassembly for reuse. Additionally, there is an increasing involvement of fashion brands like H&M, Adidas, and Levi's.
Based on type of textile, the global circular fashion market is segmented into natural materials, organic, recycled and reused. According to our estimates, currently, the natural materials segment captures the majority of the market share. This can be attributed to the increasing demand for organic cotton and recycled polyester. Further, the focus on sustainable production aimed at durability and improved quality has significantly influenced the recycled clothing market.
Based on type of distribution channel, the global circular fashion market is segmented into E-commerce and offline stores. According to our estimates, currently, the e-commerce segment captures the majority of the market share. This can be attributed to the extensive access to the internet and the widespread use of smartphones. Additionally, increasing confidence in cross-border B2C E-commerce platforms like Amazon and Walmart has significantly influenced the expansion of the conscious fashion market.
Based on end-user, the global circular fashion market is segmented into female, kids, male and unisex. According to our estimates, currently, the female segment captures the majority of the market share. This can be linked to a strong emphasis on minimalist and versatile wardrobes among females. Additionally, women have long held a dominating presence in the fashion industry.
On the other hand, the male segment is projected to experience a comparatively higher compound annual growth rate (CAGR) during the forecast period. This growth can be attributed to the increasing awareness regarding the circular fashion market. Furthermore, the rising integration of circular fashion practices by brands focusing on sustainability is driving growth in this area.
Based on geographical regions, the circular fashion market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently North America captures the majority share of the market. This trend is driven by heightened consumer awareness and engagement in the region.
Conversely, the market in Asia is expected to grow at a higher CAGR during the forecast period. This can be attributed to the increasing number of retail store openings and campaigns promoting circular fashion in emerging markets such as India, China, Indonesia, and South Korea. Additionally, it is important to note that government regulations are encouraging major companies to adopt circular fashion practices.
Circular Fashion Market: Research Coverage
The report on the circular fashion market features insights on various sections, including:
Key Questions Answered in this Report
Reasons to Buy this Report
Additional Benefits